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10501 Polk Square Court

10501 Polk Square Court, Gaithersburg, MD 20878
Property in North Potomac
Sold Feb 15, 2006
$389,999
$311,999 by Bank Of America Na
Mortgage Due Mar 01, 2036
Sold Dec 16, 2002
Transfer
10501 Polk Square Court in Gaithersburg, MD was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10501 Polk Square Court has 1,200 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10501 Polk Square Court was last sold in Feb 8, 2006 for $389,999. According to our calculations, that's $325.00 per sqft. Current property owners are expected to pay $5,128 in taxes per year. The property on 10501 Polk Square Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $416,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEBRIDGE
  • Land Acres: 0.048
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: STONEBRIDGE

Ownership

  • Current Owner : SHRIVASTAVA SUSMITA
  • Current Owner 2: SHRIVASTAVA DEVEN VERMA
  • Previous Owner : MAGGIN ROBERT A
  • Previous Owner 2: MAGGIN LORI A
  • Owner Before Previous Owner: MILLER LORI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700617

Zoning

  • Zoning: PD3

Geography

  • Assessors Map Reference: FS31
  • Account Number: 02613911
  • District: 06
  • Parcel: 06-02613911
  • Block: E
  • Lot: 376
  • Latitude: 39.1006
  • Longitude: -77.2164

    Address

  • Full Address: 10501 Polk Square Ct
  • Address - House Number: 10501
  • Address - Street Name: Polk Square
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: R033
  • 4-Digit Zip Code: 4225
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,128

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 526,910
  • High Value: 605,398
  • Low Value: 448,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,999
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 15, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $311,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $241,500
  • Market Improvement Value: $183,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,000

    Sales

  • Current Sale Contract Date: Feb 08, 2006
  • Current Sale Recording Date: Feb 15, 2006
  • Current Sale Transaction ID: 1083465656
  • Current Sale Price: $389,999
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 42628
  • Previous Sale Recording Date: Dec 16, 2002
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 15, 2006
  • First Mortgage Loan Amount: $311,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 10501 Polk Square Court located in?
The 10501 Polk Square Court is a located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 10501 Polk Square Court?
The average sales price for units in 10501 Polk Square Court is $0 currently.

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